What is the company cost of equity

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Calculating the Cost of Equity

The Silver Mist Co. just issued a dividend of $1.20 per share on its common stock. The company is expected to maintain a constant 6 percent growth rate in dividends indefinitely. If the stock sells for $22 a share, what is the company’s cost of equity?

Cost of Equity: _______________ %

Reference no: EM132046412

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